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20121207
20121207
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Search Results 0 to 31 of about 32 (some duplicates have been removed)
cliff with senator senators schumer from new york and senator corker. any deal to avoid the fiscal cliff is up to president obama and house of representatives spear boehner but never is very optimistic. the latest on the negotiations which will affect us all is next. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. >>shepard: we have signs of improvement in the job markets with millions still out of the work. the national unemployment rate fell from 7.9 percent to 7.7 percent last month. that is the lowest rate in four years. it comes despite the loss linked to super storm sandy. but the government reports the unemployment rate fell largely because so many americans gave up their search. at the same time, the u.s. economy added 146,000 jobs in november above what the analysts predicted. well above. and gerri, where do we see the biggest gain? >>gerri: in retail. no surprise for holiday season. we expect add big impact
. coming up sunday on "meet the press," the fiscal cliff debate. the latest between house republican whip kevin mccarthy and assistant senate majority leader dick durbin, the two men who have been at the table. congress hearing from all sides on the fiscal cliff and heading up a coalition of business and economic leaders in the fix the debt campaign, where do you sense the players are right now in terms of whether they'll go interest a small deal, band-aid approach or grand bargain. >> the good news is while it's a nail biter, that's for sure, we all wish we could solve some of these problems without going to the brink like we do in politics, i think they're going to get this resolved and be able to put in place a plan not just to avert the fiscal cliff, but importantly to really tackle the deficit and debt problems in this country. i am concerned that deal won't be big enough. is it going to be small or medium or big. we need a plan big enough to fix the deficit problems and make sure the debt is no longer growing faster than the economy. we're not going to be able to balance the budget
to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> we've had time. the president has given the republicans flexibility to come up with a credible, specific plan. what they offered in return was an empty letter lacking in specifics. >> meanwhile, vice president biden is having lunch with several middle class americans who would see their income taxes go up if the tax cuts are not extended. all of this comes as the first jobs report since the election exceeded expectations. the u.s. economy added some 146,000 jobs last month. that was enough it to drive the unemployment rate down to 7.7%. joining me to talk about all of it, florida congresswoman debbie wasserman schultz and she chairs the democratic national committee. good friday afternoon to you. >> thank you. >> john boehner said today that democrats' plan is to, quote, slow walk our economy to the edge of the fiscal cliff. how do you respond it to that? >> well, that's just utterly preposterous. the republicans right now in the house of representatives have a bill that would ext
yesterday saying the white house is prepared to go off the fiscal cliff unless republicans bend on taxes. a comment by former democratic potential candidate howard deen frighted republicans that the debate is not just about raising taxes on the rich. >> the truth is everybody needs to take more taxes, not just the rich. that's a good start, but we're not going to get out of the deficit problem unless we raise taxes acss the board. to go back to what bill clinton had. >> now, some liberals pushed the president to invoke the 14th amendment claiming that gives him the executive power to raise the debt limit himself, but jay said today the white house studied that proposition and decided the president does not have that executive power meang we headed for another show down with congressver raising the debt ceiling. lou: the fiscal cliff and now a new ultimatum on the national debt ceiling. you suppose this is the last condition? >> it's going to be a wild couple of months, maybe everybody thought with the election over, there was going to be peace and fure all of this out, bui think we're ju
and house speaker boehner are talking, but there is still no word of progress on the so-called fiscal cliff or the president's ultimatum. silence indicate a deal in the works or something too ugly for them to contemplate?@ we'll have the latest for you from the white house. white house correspondent ed henry here in just moments, but, first, the money line in hoping washington might get a deal done driving a modestly bullish mood on wall street at the end of the session. investors cheering news in a decline in jobless claims, and household wealth in the country grew by $1.7 trillion, to the highest level in five years, talk about a positive indicator for consumer purchasing. the dow jones industrial up 40 points, the s&p up five, and nasdaq rose 15.5 points. volume? a billion shares lighter than yesterday, but above the average of 3.1 billion trading on the board today. apple rebounded from yesterday's worst date performance in four years, a gain of $8.45 today with the ceo saying apple will move imac computer production to the country in the new year. garmin stock higher to replace rr donl
to the edge of the fiscal cliff. instead of reforming the tax code, the president wants to raise tax rates. even if the president that the tax rate hike that he wanted, understand that we will continue to see trillion dollar deficits for as far as the eye can see. washington has a spending3 problem, not a revenue problem. if the president does not agree with our proposal, i believe he has an obligation to families and small businesses to offer a plan of his own. we are ready and eager to talk to the president about such plan. >> you did speak with the president earlier this week, can you characterize that call. also, it has to be increases in rates for the wealthy or no deal. >> the phone call was pleasant, but more of the same. it is time for the president to be serious and come back with a counter offer. [inaudible question] >> the risk the president wants us to take, increasing tax rates will hit many small businesses that produce 60-70% of the new jobs in our country. that is the whole issue. [inaudible question] >> i think that is reckless talk. [inaudible question] >> listen, raising
of the fiscal cliff instead of engaging in serious talks to avert the cliff, that includes spending cuts and tax reforms the president once supported. the white house has only offered a joke. i understand we have speaker boehner to the microphones. let's take a listen. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. eight days ago secretary geithner came here to offer a plan that had twice the tax hikes that the president campaigned on. it had more stimulus spending than it had in cuts. and an indefinite, infinite increase on the debt limit, like forever. four days ago we offered a serious proposal, based on testimony of president clinton's former chief of staff. since then, there's been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the cliff. instead of cutting spending, the president want to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would c
cliff. even though speaker of the house john boehner's office says the lines of communication on both sides are open we know one thing is not being discussed by democrats and that one thing is extending the busheir raw tax cuts for top earners. >> oo i am not going to sign any package that prevents the top to go up but i am going to get something that is good for this fm l and good for the american economy. >> in the senate mitch mcconnell proposed a vote on the part of the president's proposal that would allow the white house and not congress to control on its own without their input. but majority leader harry reid said that is not. >> if the president's proposal is made in good faith our friends should be eager to vote for them. so i am surprised the majority leader declined a chance for them to support it for their votes. so i guess we are left to conclude that it couldn't pass by a fair majority of votes and that they would rather that i can take the country off the cliff. >> get ready to listen to lawmakers today try to spin the unemployment report in favor of their proposal one
about the fiscal cliff. [laughter] let me start off just by, what we will do chris, we will do the house rules and cut in half. in 30 seconds and then we will have time to elaborate on all of this. i just want to go through the panel. what do you think the odds are that some kind of appeal will be cut by january 1 in order to avoid sequestration? mark, i will start with you. >> i think it's 80% that we will avoid sequestration. the question is though, is this going to be a big enough deal and will it actually be the down payment that will lead to something else? it will actually avoid the consequences. that percentage would be lower than the 80%. >> let's come back to the big picture. just in the short-term by january 1, will we avoid the cliff? >> i think it's likely that we will avoid it. it's so easy for us just to do what we need to do. i think the real line in the sand is -- and i have said that for a long time. i think that is one hopefully by that time we will have real entitlement reform which will bring all of this together. >> chris? >> i think it's better than 50% that we are
. >> with no breakthrough today, fiscal cliff negotiations, could this be a starting point? "outfront" republican congressman james lankford of oklahoma, incoming chairman of the republican policy committee, the fifth ranking position in the house gop leadership. appreciate you're taking the time. what about this idea of racing taxes on everyone? the math works much better. >> i heard your lead in when you said this is a new idea. actually, it's not a new idea, there are several democrats who have floated that for a while. the code word is we want to go back to the clinton tax rates and talk about the clinton economy that we had a much more vigorous economy and growth and we should go back to the clinton tax rates. what that really means is all tax rates on all americans go back up because the tax rates were brought down in 2001 and 2003. i don't support that. i don't think that's a great idea. it would slow down the economy. >> when you look at economist's evaluations, it would slow down the economy. it would. there's no question about it. but if the problem is that we have a lot of debt and the
to close ranks over a potential fiscal cliff deal with the white house. outside conservative groups are voicing their displeasure saying speaker john boehner could even lose his speakership. carl cameron joins us live in washington. so he has a lot of problems with conservatives right now, car. >> reporter: sure it's not just off the hill. some of the members on the hill. fiscal conservatives are once again whispering, in some cases outwardly and openly explaining about house speaker john boehner and his handling of the negotiations with the white house. john boehner's proposal to increase revenue $800 billion by closing tax loopholes and reforming the code has real problems for some house republicans, most of whom actually campaigned promising to at least hold the line if not cut taxes. this week john boehner tossed four con s*efr teufs known fo conservatives offer key committees. the budget committee and the financial services committee. those four members are complaining but their removal from the committee and john boehner's proposal are supported by majority eric cantor. kevin
rates that were there when i was predz. >> with now break through today and the fiscal cliff negotiations, is this a starting point? "outfront" republican congressman james langford of oklahoma, incoming chairman of the republican policy committee, the fifth ranking position in the house gop leadership. good to see you, sir. appreciate you taking the time. what about this idea of raising taxes on everyone? the math actually in this case is much more promising. it works much better. >> right. i heard your lead-in on it, and you said this is a new idea floated by howard dean. ints a new idea. several democrats have floated that a while. the code word is going back to the clinton tax rates and talk about the clinton economy and we should go back to the clinton tax rates. what that means is all tax rates on all americans go back up because the tax rates were brought down in 2001 and 2003. so it's not new, and no, i don't support that. i don't think that's a great idea at all. it will slow down the economy. >> all right. the truth is when you look at economists' evaluations, it wi
for his analysis on that. martha: the fiscal cliff, president obama and house speaker john boehner set to have a face-to-face meeting, one-on-one. we're waiting to hear from speaker boehner in just about 50 minutes away now. we'll bring you that live. bill: also, it has been 40 years, four full decades since the last man stepped on the moon. that was an american. his name is gene cernan. we'll talk to hem this hour. the last person to see the moon's craters up close and personal. >> ♪ i was stroeling on the moon one day, in a merry, merry of month of -- december. >> may, may. ♪ much to my surprise a pair of eyes, -- >> this is a neat way to travel. [ female announcer ] food, meet flavor. flavor, meet food. it's time for swanson flavor boost. concentrated broth in easy to use packets. mix it into skillet dishes, for an instant dose of... hell-o! [ female announcer ] get recipes at flavorboost.com. bill: we now have a verdict for a bus driver on trial for manslaughter. it will be revealed this morning although the verdict was reached yesterday because a juror had to leave the courtho
critical republic who criticized house speaker john boehner over own party fiscal cliff honor says is he resigning. an important man, too. south carolina senator jim demint a key force behind the tea party movement. the founder of the tea party caucus in the senate and who predicted that the healthcare debate would be president obama's water loo. remember that? earlier this week he argued that speaker boehner's proposal tax hikes would destroy jobs. but senator demind says his resignation has nothing to do with the fiscal cliff. it's because he has accepted a job as president of the conservative think tank the heritage foundation. jim demint served three terms as a u.s. congressman from south carolina before voters first elected him to the senate in 2004. mike emanuel is on capitol hill tonight. it's a big resignation,. >> jim demint says is he leaving the senate, shep he is not leaving the fight. in fact, demint might be able to spend more time on issues he is most passionate about at the heritage foundation. he explained his thinking on "special report" a short time ago. >> i think i'm
problem. >> we've only got 25 days until the fiscal cliff. >> according to "new york times," house speaker john ba boehner has asked democratic leaders to step aside so he and the president can negotiate a deal one on one, and no one is objecting. >>> the crisis in egypt remains volatile, with massive anti-government rallies planned today. >>> heartbreaking survival story for a woman stranded in the snow in the california sierra nevada mountains. >>> shoppers at a seattle macy's had to be hospitalized when an escalator they were riding malfunctioned. >> fire to the end zone. touchdown. >> broncos with their eighth straight win. >> all that -- >> three, two, one! >> my 50th birthday, she gives everybody a car and then she's all, thank you for coming to gayle's birthday! >> we're talking about oprah, right? >> no, of course not. >>> and all that matters. >> south carolina tea party says jim demint is resigning. >> leaving the senate a lot better than i found it. >> jim demint leaves some big shoes to fill. >> jim demint leaves some big shoes to fill. then again -- captioning funded by cbs en
suggested it will be easy to finish a deal with congress to avoid the fiscal cliff. >> it would take 15 minutes from the time the decision is made by the speaker of the house to pass and make permanent middle class tax cut. the president would probably have me sprint up to the hill to bring the bill down for him to sign. it can be done like that. it is not complicated. >> greg: speaker bane -- >> reporter: speaker john boehner not so optimistic. >> this is not a progress report, there is no progression to report. report. >> reporter: he blasted for not offering a counterproposal to his plan and they seemed more than ever going to stop the tax increase. economy shrugged off hurricane sandy to create 146,000 new jobs, nearly double what forecasters had said, job creation for september and october was revised downward by a total of 49,000. another 350,000 people were so discouraged in november they simply stopped looking for work and left the labor force, which is why the unemployment rate dipped to 7.7%. >> raising taxes on small businesses is not going to help our economy and it's not go
obama made the short trip to northern virginia today to underline his plan to avert the fiscal cliff. at the home of what the white house called a typical middle class family, mr. obama said he's optimistic that agreement can be reached, but again drew a hard line for republicans in congress. >> everybody's is going to have to share in some sacrifice. but it starts with folks who are in the best position to sacrifice. who are in the best position to step up . just to be clear i'm not going to sign any package that somehow prevents the top rate from going up, the top 2% from going up. >> woodruff: the president phoned house speaker john boehner yesterday, their first direct talk in almost a week. but today white house spokesman jay carney wouldn't share details of the call. >> we believe it's in the interest of achieving an agreement not to do that. >> reporter: treasury secretary timothy geithner said yesterday the white house was absolutely willing to go over the cliff if republicans held firm in their opposition to raising rates on the wealthy. but it was the administration's other
the fiscal cliff. in just a few days at the end of the year. in their first discussions yesterday after a week's hiatus we are told there were no signs of progress and even a hardening of positions. in fact, earlier president obama discussed the stalemate with middle-class families. >> for them to be burdened unnecessarily because the democrats and republicans aren't coming together to solve this problem gives you a since of the costs involved in very personal terms. >> he showed what he is really after is assuming unprecedented power to spend taxpayer dollars without any limit at all. >> the major sticking points continue to be how to handle tax rates for wealthy americans, and also, what to do about reducing spending on entitlement programs like social security and medica medicare. >> aide between the president and the speaker of the house met and the talks basically went nowhere. according to one of the president's aide he said higher taxes of course on the wealthy. a deal must include permanent extension of the debt ceiling and source also say that indicated no willingness to go any
for the american economy. >> an added wrinkle to the fiscal cliff talks is the debt ceiling, with the government on pace to reach its borrowing limit early next year. the white house stated its position on the 14th amendment, which some theory rise is a way for the president to raise the debt limit independently, should republicans attempt to use it as a negotiating tool. >> i can say that this administration does not believe that the 14th amendment gives the president the power to ignore the debt ceiling, period. >> the fiscal cliff talks reached a new low yesterday when, somehow, the new york jets got dragged into it on the senate floor. >> it's not one of my favorite teams, but it's really, really fun to watch, and that's the new york jets. coach ryan, he's got a problem. he has three quarterbacks, sanchez, he's got tim tebow, he's got another guy. he can't decide who their quarterback is going to be. that's the same problem republicans are having. romney's gone, but he's still in the background. we have mcconnell and we have boehner. who is the quarterback, mr. president? who is the quarterb
. mr. dean just last night said having us go over the fiscal cliff actually wouldn't be the worst of ideas. if that's how we're going to go and president obama has said that he's not going to sign anything without the tax increase, fine, let them own it. have republicans take a step back and give president obama what he wants. >> i've got to get out. thanks to both of you. >> thank you. >> howard dean, we preeshtd it. and katie pavelich, we appreciate it. >>> egypt's government deployed tanks around the presidential palace today after clashes with protesters killed seven people. in syria, meanwhile, rebels continue to advance on damascus, prompting concern that president assad's regime will respond with chemical weapons. question, should the u.s. intervene in any of these here now is mark ginsburg, former white house middle east advisor. welcome back, mark. here's the thing. we drew a red line, president obama drew a red line over these chemical weapons of mass destruction. at what point do we have to start bombing them to prevent them from moving and utilizes those weapons of mas
. that hasn't happened. >> steve: okay. so the fiscal cliff is looming. there are a the lo of people who say the republicans need to stand together and if the president isn't gog deal fairly and offer up some spending cuts and talk about entitlement reform, the republicans need to be willing to hole hands and jump off the fiscal cliff with the president. are you ready? >> we would prefer that didn't happen. there are a lot of bad outcomes. you got a lot of analysis that's been done, ernst says if we go over the fiscal cliff or raise taxes it will cost us over 700,000 jobs, reduce economic growth, lower take home pay, all those things. that's a bad scenario. the president has made it very clear, tim geithner, his treasury secretary said a couple days ago, absolutely we're ready to go over the cliff. republicans don't think that's the solution. but i do think that if he gets what he wants, he gets higher taxes, he gets defense cuts, if we go over the cliff. so i don't think there is a lot of incentive on the president's part right now to be at the table to make a deal, which is why he's not v
to avert the fiscal cliff. there has been an epidemic of open-mindedness as republicans try to win minority votes and create a version of their party that can be competitive in states like connecticut and california. the republicans may still blow it. if president obama is flexible and they don't meet him part way, republicans would contribute to a recession that would discredit them for a decade. but they are moving in the right direction and moving fast. these are first steps, and encouraging ones. >> really encouraging. and it's not just what they're saying. it's how they're saying it. eric cantor came on. we've all, i think at times, even i as a conservative, who would vote probably along with eric cantor 99% of the time. saw him at times over the past couple years being a bit more obstructionist than i think was good for the party. i thought i loved his tone the other day. what did he focus on? he focused on jobs, on proving that conservatism actually helped all americans, not 53%, not 47%. and yesterday when i talked to jim demint on the phone, i expected to hear one thing. instead i
Search Results 0 to 31 of about 32 (some duplicates have been removed)